Tagged: Covid-19

Virus Forces Changes for Truckers

Truck drivers such as Hayworth have had to make changes in what they do because of the viral outbreak. He and other drivers have not had problems getting in and out of truck stops…

Coronavirus Aid, Relief, and Economic Security (CARES) Act

Tank Transport News

Federal Relief Available For Trucking

With many small businesses across the country uncertain of how the COVID-19 outbreak will temporarily, or permanently, affect their bottom lines, the passage of the Coronavirus Aid, Relief, and Economic Security (CARES) Act may offer…

Even without a pandemic, U.S. trucking was looking at a tough time this year. When the year began, the industry was coming off a challenging 2019, when overcapacity and weak pricing forced at least 795 trucking companies to close. It’s important to note that a great many small carriers close every year. That’s because a disproportionate number of them are lightly funded, one-person operations. Still, closings last year were inordinately high, according to industry studies.

Tank Transport News

Recession Will Punish Weaker Trucking Companies

What this virus-induced recession will mean long term for the trucking industry is at this point subject more to conjecture than certainty. What is guaranteed, however, is that this second quarter will be brutal for…